Update 11:03 EST: Twitter went public this morning at $45.10 per share. The company's stock began to rise right after it became available, and tested the $50 mark several times in the minutes after trading. Twitter is now worth $35 billion, and it is trading at around 30 times sales. Twitter Inc (NYSE:TWTR) is growing quickly, but a price of $50 per share prices in a huge amount of growth.
Twitter Inc (NYSE:TWTR) needs to sell ads in the coming months. The company will need to show its early investors that it is able to continue its...
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